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Tofas Turk Otomobil Fabrikasi AS (Tofas) is an automotive manufacturer. The company manufactures light commercial vehicles, passenger cars, and automotive spare parts accessories. It is a Turkish representative of six international brands: Fiat, Maserati, Alfa Romeo, Jeep, and Ferrari. It produces Sedan, Hatchback, and Station Wagon, and MCV models. The company also offers services such as after-sales services, consumer financing, insurance services, replacement services, and repair services. Through its dealership network, the company provides new car and second-hand car sales, technological infrastructure-supported after-sales services, maintenance and repair services, and spare parts for Alfa Romeo, Fiat, and Jeep vehicles. Tofas is headquartered in Istanbul, Turkey.
Headquarters
Turkey
Address
Tofas Han Kat:4-5, Buyukdere Cad. No:145, Sisli, Zincirlikuyu, Sisli, Istanbul, 34394
Website
www.tofas.com.tr
Telephone
90 212 2753390
No of Employees
4,612
Industry
Automotive
Ticker Symbol & Exchange
TOASO.E (IST)
Revenue (2025)
$8.4B
-31.2%
(2025 vs 2024)
EPS
XYZ
Net Income (2024)
XYZ
-76%
(2024 vs 2023)
Market Cap*
$3.3B
Net Profit Margin (2024)
XYZ
-65.1%
(2024 vs 2023)
* As of and is in US$
Tofas Turk Otomobil Fabrikasi AS premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Automobile Spare Parts and Accessories | After-sales Services | Fiat |
| Light Commercial Vehicles | Insurance Services | Fiat Professional |
| Passenger Cars | Consumer Financing | Jeep\ |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In October, the company entered into an agreement with Stellantis Europe to continue producing the Tipo/Egea model until June 30, 2026. |
| 2025 | Acquisitions/Mergers/Takeovers | In April, the company acquired Stellantis Otomotiv Pazarlama A.S. from Stellantis N.V. |
| 2023 | New Products/Services | In December, the company Fiat brand launched two new all-electric models, the E-Doblo and E-Scudo, in Turkey |
Competitor Comparison
| Key Parameters | Tofas Turk Otomobil Fabrikasi AS | Ford Otomotiv Sanayi AS | Anadolu Isuzu Otomotiv Sanayi ve Ticaret A.S. | Karsan Otomotiv Sanayii ve Ticaret A.S. | Hyundai Assan Otomotiv Sanayi Ve Ticaret AS |
|---|---|---|---|---|---|
| Headquarters | Turkey | Turkey | Turkey | Turkey | Turkey |
| City | Istanbul | Istanbul | Kocaeli | Bursa | Kozyatagi |
| State/Province | - | - | Kocaeli (Izmit) | - | - |
| No. of Employees | 4,612 | 25,640 | 1,492 | 2,278 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Omer M. Koc | Chairman | Executive Board | 2023 | 61 |
| Cengiz Eroldu | Chief Executive Officer; Director | Executive Board | 2021 | - |
| Fabrizio Renzi | Chief Financial Officer | Senior Management | 2018 | - |
| Samir Cherfan | Vice Chairman | Executive Board | 2021 | - |
| Altan Aytac | Director - Fiat Business Unit | Senior Management | 2015 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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